Asos Share Discussion Threads

[throgmortonstreet] 16/4/2024 12:05

ASOS has seen its market share eroded again with sales falling by a staggering 18%



In comparison, City analysts point to the success of clothing rival SHEIN, which now enjoys UK sales of more than £1 billion per year, partly thanks to it buying the Missguided clothing brand from Mike Ashley's Frasers Group.



www.shein.co.uk

[qantas] 16/4/2024 08:42

Perhaps best for you to get back in the Abyss promise we will not miss you.

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[thanatos abysss] 16/4/2024 08:38

great news

loser qantas saying the same on this dog since 800

cant take the loser ouot of the loser

[qantas] 16/4/2024 08:34

Sell I see you are on fire number one muppet.

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[sellhighandbuylow] 16/4/2024 08:17

QANTAS everybody knows you are so far underwater with ASOS shares, the shares would need to increase 10 fold just for you to breakeven.



Just accept the fact that you got it badly WRONG with ASOS shares..........

and Boohoo shares and Currys shares and Superdry shares and THG shares

[qantas] 16/4/2024 08:10

Great news

José Antonio Ramos Calamonte, Chief Executive Officer, said:


"ASOS is becoming a faster and more agile business, aided by the incredible work of our teams to speed up all of our processes to deliver the fashion, quality and prices that our customers want, when they want it. I'm excited by the performance of our new collections, while we have also made great progress in monetising inventory that built up over the pandemic and in improving the core profitability of our operations. We have reconfirmed our guidance for FY24 as we lay the foundations for a more profitable, cash generative business from FY25 and beyond."

Hello Kitty says hodl Yoda.

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[thanatos abysss] 15/4/2024 13:39

hammering down . longs dep fried and qanats crashing again

[qantas] 15/4/2024 13:16

Hammering up shorts deep fried along with the Short G-Y Bears doomed to failure and desperate.

Hello Kitty says Hodl Yoda.

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[qantas] 15/4/2024 08:22

Short G-Y Bears doomed to failure and desperate.

Hello Kitty says Hodl Yoda.

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[ajseabright] 14/4/2024 22:13

Yep terrible news Throg.Your defo long here Fam

[throgmortonstreet] 14/4/2024 08:04

ASOS has seen its market share eroded again with sales falling by a staggering 18%



In comparison, City analysts point to the success of clothing rival SHEIN, which now enjoys UK sales of more than £1 billion per year, partly thanks to it buying the Missguided clothing brand from Mike Ashley's Frasers Group..



www.shein.co.uk

[ajseabright] 13/4/2024 13:10

Does make you wonder why Frasers are buying though.seed Facts UKBoy Sell why do you think Frasers are buying.Let's have a good debate

[ajseabright] 13/4/2024 13:09

Good read TBF

[ajseabright] 13/4/2024 13:09

You long or short here bud.Whats your agenda

[seedoftongo] 13/4/2024 07:38

Analysts have suggested the company is likely to see a slowdown in sales decline over the current half-year due to the turnaround plan.
However, Shore indicated this faces pressure from “wider trading backdrop of balancing a challenging position of supply concerns, still cautious consumer confidence, poor seasonal weather in the UK and dynamic competition”.
The brokerage said the growth of marketplace platforms such as Depop and Vinted is also attracting typical Asos customers, while it is also coming under pressure from the rapid growth of recent rivals such as Shein and Temu.


👆🏿👆🏿8070;🏿

Facts n the lads have already warned of this before .
Anyone listening to them wouldn’t have lost out .

My point is similar as fast fashion has had its day.
Step forward more expensive but much more higher quality clothing ( that can be sold on much easier ) and a huge rise in the second hand market .
The haves will be able to afford new , the have nots will buy 2nd or third hand .

[sellhighandbuylow] 12/4/2024 18:40

Wolf of Loserville knows all about financial losses.



These stats don't lie, but Wolfie does !!

Over 5 Years --- ASOS shareholders have lost 90.46% of their capital

Over 3 Years --- ASOS shareholders have lost 93.64 of their capital

Over 1 Year --- ASOS shareholders have lost 53.55% of their capital

[wolfofhounslow] 12/4/2024 18:27

Financial losses ? Good progress on implementing the Back to Fashion strategy, including action to clear aged stock and transition to the new operating model by FY25. Ahead on plan to improve stock efficiency and reduce inventory to c.£600m by year end. Test & React is now tracking at c.5% of own-brand sales, bringing high-fashion product from design to site in 2 to 3 weeks increasing our agility in responding to rapidly evolving customer demand.· Free cash flow improved by c.£240m compared to H1 FY23 due to improvements in underlying profitability and the clearance of aged stock

[seedoftongo] 12/4/2024 18:25

Wolfie and Qanny have been seriously battered on this .

They took on the bigger boys and have been beaten into a pulp.

Great job facts n the lads .

It’s been too easy for you guys .
It’s been like watching a premier league full strength team versus a non league rag tag outfit still drunk from the pub .
No mercy has been shown .


ABSOLUTE BATTERING

[qantas] 12/4/2024 17:57

UK rent Boy direct one sore d-ck He-d neither holder or shorter.

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[ukneonboy] 12/4/2024 17:50

No comment on your ever increasing financial losses then WOLFIE ?

[qantas] 12/4/2024 17:49

Rent a Boy direct number one loser doomed to failure.


Interim Results for the 26 weeks to 3rd March 2024 on Wednesday 17th April 2024

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